Drilling Results, page-45

They held 30M options and 81M shares (PDF page 63) in 2022 - a total of roughly 111M shares

They now hold 115M as of Jul 23 - as you pointed out.

Sure, it's good that they converted all those oppies and picked up another 4M shares over that 12 month period, but I don't think this speaks the "volumes" you are inferring. Saying their holding increased by 85M shares as that isn't quite accurate when not accounting for previously held options.

That said - there have been plenty of geo's that have brought about confidence in MRD potential - the likes of Graeme Johnston being a big one.

I think those that are confident are patiently waiting for the market to turn and realise MRDs potential and are topping up with spare change along the way - just like David Crook.

Edit - just saw your post re oppies